QLD has seen average median house prices change by 2.38% which means that Calamvale, 4116 has done well for property investors by showing a capital gain of 4.39% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Calamvale has increased when compared to the 5 year average annual rate.
Vendor discounting in Calamvale is giving property investors an average Vendor Discount of around -3.74%. This puts suburb at number 790th in QLD when ranking the most discounted suburbs.
Calamvale, 4116’s gross rental yield is 3.62%
Property value increases in Calamvale have tracked just lower than the QLD average of 0.65% over the last 12 months.
Comparing Calamvale,4116 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Calamvale, 4116. Typically our figures indicate that -5.14% is being offered, which puts this QLD suburb at 743th most discounted overall in Australia.
Residents and property investors in Calamvale have been waiting around 80.33 days to sell a property.
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
Information supplied by:
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close